Exclusive: Brian Montgomery Talks COVID-19

first_imgHome / Daily Dose / Exclusive: Brian Montgomery Talks COVID-19  Print This Post Previous: FHFA Addresses Mortgage Servicer Liquidity Concerns Next: Exclusive Preview: Brian Montgomery to Discuss COVID-19, CWCOT The Week Ahead: Nearing the Forbearance Exit 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Demand Propels Home Prices Upward 2 days ago Share Save COVID-19 cwcot FHA HUD Montogmery 2020-04-21 Seth Welborn Data Provider Black Knight to Acquire Top of Mind 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Exclusive: Brian Montgomery Talks COVID-19 Data Provider Black Knight to Acquire Top of Mind 2 days ago Demand Propels Home Prices Upward 2 days ago Tagged with: COVID-19 cwcot FHA HUD Montogmery The Best Markets For Residential Property Investors 2 days ago The Best Markets For Residential Property Investors 2 days ago Seth Welborn is a Reporter for DS News and MReport. A graduate of Harding University, he has covered numerous topics across the real estate and default servicing industries. Additionally, he has written B2B marketing copy for Dallas-based companies such as AT&T. An East Texas Native, he also works part-time as a photographer. Related Articles About Author: Seth Welborn in Daily Dose, Featured, Government, News Servicers Navigate the Post-Pandemic World 2 days ago This Friday, join Ed Delgado, President and CEO of Five Star Global in a discussion with The Hon. Brian D. Montgomery, Commissioner of the Federal Housing Administration and Assistant Secretary of the Department of Housing and Urban Development.Commissioner Montgomery and Delgado will discuss updates related to the COVID-19 National Emergency Standalone Partial Claim, default rates and support for borrowers, CWCOT updates, and HUD and FHA’s priorities in the short-and long-term as the mortgage industry recovers responds to the national health crisis.Commissioner Montgomery will be discussing how the priorities at HUD and the FHA have shifted, and will also be giving updates on the importance of CWCOT, after HUD and the FHA submitted changes to the program earlier this year.FHA’s CWCOT program pays insurance benefits to a mortgagee after the sale of a property to a third-party after the foreclosure of the FHA-insured mortgage or through a second-chance sale. There is no conveyance of the property to HUD with CWCOT in exchange for payment of mortgage-insurance benefits. The program also expedites the disposition of foreclosed properties and reduces the amount of time a property sits vacant. April 21, 2020 805 Views Sign up for DS News Daily Subscribelast_img

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